Big Buy! Carolina Panthers To Be Sold For $2.275 Billion USD

Over the past few months, there has been a lot made regarding the possible sale of the Carolina Panthers. We have heard some big names floating around as potential suitors, but today the word comes down that David Tepper has bid $2.275 billion USD for the Carolina Panthers. This breaks the record for the highest sale in the history of the National Football League.

David Tepper is the founder of the global hedge fund Appaloosa Management and has an approximate net worth of $11 billion USD. Reports state that Mr. Tepper will pay cash for nearly all of the transaction while relinquishing his 5% stock in the Pittsburgh Steelers to make the purchase. The second highest sale in the league’s history was from 2014 when the Buffalo Bills sold for $1.4 billion USD.

The Panthers were put up for sale after allegations of sexual harassment and workplace misconduct. Give us your thoughts on the news below and keep it locked for more from the world of sports coming soon.